Archive for May 27th, 2009

Odd Volume Spike: Neurogen (NRGN)

Neurogen Corp. (NASDAQ: NRGN) has suddenly popped up 13% to over $0.217.  Unfortunately this is trader-pop which may just be from chat rooms rather than anything solid.  We have sees 826K shares trade hands as of 12:41 PM EST. Average volume is 571K shares. At this price, there has only been a face value of [...]

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Price/Volume Alert: Cree Inc. (CREE)

Cree Inc. (NASDAQ: CREE) raised its fourth-quarter earnings and revenue targets on strong bookings for both lighting and laptop LED products.  Shares are indicated up 9% at $30.25, but so far we have only seen 10,400 shares trade hands as of 8:29 AM EST. JON C. OGG

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Price/Volume Spike: Sequenom (SQNM)

Sequenom (NASDAQ:SQNM) is getting a lot of trader attention this morning on an analyst upgrades.  Lazard removed its SELL rating, but be advised that it is only now a HOLD rating.  This at least takes some concern off the ZERO mark… for now.  SQNM is up 12% at $3.33 at 8:27 AM EST on over [...]

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